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to the passage of a bill that dramatically limits the power of unions n just a few short limits i'll be underlive by steven and he was viciously assault by a union member. he was standing near a tent that was owned by americans for prosperity, a conservative group that supports the right to work. that tent, that organization, quickly became the target of angry union demonstrators. as you see, the lob of left wing thugs ultimately tore down the structure and they did so with people inside. however, what transpired before that is even more disturbing. let's take a look. >> what is it about right to work that you oppose so much? what is it about right to work? >> it's because it's the freedom to free load. >> they can suck all of the pair site cal benefits unions have negotiated and they have done it for free. >> get out of my face [bleep]. >> get out of my [bleep] face. >> you hurt nobody. get out of my [bleep] face. >> back off. back [bleep] off. >> okay. [chanting and yelling] >> what are you going to [bleep] do? [indiscernible yelling. >> he's got a gun! >> i'll kill [bleep]. >> joining me now f
. york. >> unions, i think they could be the death of us, welcome, i am neil cavuto, despite throwing some punches over michigan becoming a right-to-work state, many unions, making sure the other 26 states do not follow. that does not mean that unions have given up on michigan and maybe ball the governor who put this, does wisconsin ring a bell? that is not a surprise. but what is a surprise how they are doing it. this could be the union equivalent of the pledge by enforced by louder and stronger guys. they have no issue, a pledge not to break up unions. never md this threatens businesses coming to their state or hiring more workers in their state, a lot figure out if they are not union workers, maybe they are knol not real workers,s such edstupid, and dangerous. do you want to know my biggest worry for the new year? it is not a cliff, i think will pass, stubborn politicians see the night. it is be on i union bosses who e their own members because they are fuse on see the light. why not stop? >> why not, because the essence of what we need in the economy is build rebuild, and preserve
: the right to work vote will mean unions will no longer force workers to pay dues. that the birthplace of the powerful united auto workers union. martha: this has huge national implications over the power of organized labor. governor rick snyder believes there will be more job. he believes the protests hurt more than they help. here he is. >> if you go forward you will create a environment involving labor issues this could rise to the lebl level where i might not keep it off my agenda. i'm not happy about being in this situation. >> he has the responsibility as our leader avoiding this kind of a cliff. it is not, it is not good enough to be for him to say liks behind us. this will do the opposite. martha: there is the scene there. that is a live shot this morning. we were told there would be perhaps thousands of people gathering on the scene. certainly seems to becoming out to be that kind of a turnout. take a look at that this morning, 9:01 eastern time in lansing, michigan. the governor is set to sign this into law later today. it will become the 24th right to work state in the natio
in the morning ♪ >> you are about to see a test of the power of unions. there's going to be a big fight today in michigan and we're there. good morning, everyone, governor snyder is about to sign legislation that makes michigan the 24 right to work state. the unions want to stop it. they're out in force at the capital. it could get ugly. gas prices are tumbling in st. louis. listen to this, at 3.32 a gallon nationwide the price is still the highest ever for this time in december. california, a national carbon tax could be on the the way, they've got one already, how is that working out? and china may be the number one economy soon. really? "varney & company" about to begin. >> right off the top, breaking news for you now. fox business learned that a group claimed to be aligned with terrorism is threatening to launch a massive attack against u.s. bank websites and made that threat in the fall and this is a new threat set to start this week, we hear. and a list of banks targeted includes j.p. morgan chase, bank of america, u.s. bancorp, pnc financial services and suntrust banks. more details w
. let's begin here, a threat to the strength of the union. it's playing out moment by moment in michigan today. one of the most heavily unionized states in america. that state is on the verge of passing something called a right to work law that would make it illegal to force anyone to join a union or pay union dues if they want to take the job. you've got live pictures here in front of you from the state capitol in michigan. that's lansing. thousands of protesters, none too happy with those challenging this law. more than 600,000 michigan workers are part of a union. they belong. and if you do the math with the population, that works out to nearly 18% of the state's workforce. much higher than the national percentage as well. our alison kosik has been story all morning long and the noise level as well as the number of people seems to be growing. >> reporter: that's right. you know, as the day has progressed, you know, there's well over, i would say, 2,000 people out here. that is short, though, of the 1,000 that was expected. inside the capitol, though, there's a lot going on. for one, t
york. neil: so the world did not end so far. but is that any excuse for unions to make it more difficult that we're alive? well come everybody, i'm neil cavuto. maybe the mayans should have joined a union. not only would they have survived but their fear-mongering agenda would have as well. mayans are gone and unions, though weakened very much alive and well. latest from threatening strikes as more than a dozen up shipping ports. big deal you say? very big deal and here's why. a lot of stuff in the ships that frequent ports, everything from electronic items you found a hard time getting your hands on this holiday season to basic consumer staples like uits and vegetables you might not find anywhere. unions navigating charted waters and going at our wallets becauseny delay getting stuff off the ships i tell you is going to be big, ship. and i'm not, shipping you. i practiced that repeatedly. in fact, after you hear what we're about to tell you will almost wish the mayans were right. now the cost of living has st gone way, way up. to melissa francis, who says we don't need any of
are -- >> union. >> the sound of protesters chanting, filled the state house gallery in lansing, while inside the capital chamber the republican-led legislature passed not just one, two right to work bills. one was for the public workers. the second, which passed moments ago, covers workers in the private sector. with the passing of both bills here, michigan will become the 24th right to work state, all that is left for that to happen, for the republican governor to sign it. rick snyder promises to do exactly that, probably tomorrow. look at more pictures we have for you here. more than 12,000 protesters gathered in freezing temperatures. i think i saw some snow falling earlier there in lansing as the lawmakers were inside, voting. and, against the odds, democrats waged a final losing battle. poppy harlow, let me bring you in there, amidst all of this in lansing. set the scene for me, now that we know, poppy, both the bills passed. what is the reaction like in the crowd? >> we knew this was going to happen and frankly, brooke, so did many of the workers, many of them union workers here in the
on it. more from michigan. unions protesting this right to work legislation. we will take you there. dagen: more soldiers being booted from the military because they are just too big. take a look at world currency today. is it time to plan a trip yet. that would be a big no. ♪ >> 22 minutes past the hour. severe weather continue to pound parts of the bid west. the slow-moving storm dumped ten and a half inches in just 24 hours. the twin cities have seen almost as much snow already has all of last winter. a 31-year-old man is shot, execution style, while walking down the street yesterday. police are now looking for two suspects. medics rushed the victim to the hospital where he died. defense attorneys for. to asking a judge to and gps monitoring. those are your headlines. dagen: thank you. british banking giant agreeing to pay almost $2 billion. more than $1.9 billion. a record amount for a allowing money laundering to go on for years. this is the largest penalty ever paid. it is a nonprosecution agreement. if it changes its ways it will not be prosecuted. if you think the governme
is not over yet. we ask our panel what is next for state and unions. >> and next year is all about these words for big banks, red tape, one guest thinks this is regulation way overdue. also, today we'll be putting our top lawmaker through divorce court, trust us, this is something you don't want to m.i.t., we're on the case next on the willis report. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and onof the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, none can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. tracy: big labor is reeling. michigan deemed itself a right-to-work state. with legal challenges and recall efforts already in the air, what is next for the state? does this mark the beginning of the end for unions? let's ask james shirk, and chip merlin. chip i'm going with you first, everyone wants to know the legal ramifications, can the unions come back to appeal this. >> they can try to appeal, whether or not th
: speaker boehner d the esident not as good as you. good to see you. rememb him? now a new union phelan is him. scott walker never got the union carers to show up at his house but like cannot tonight they will be sging at his house. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now throughecember 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis sympto. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just o 200mg celebrex a day can provide 24 hr relief for many with a arthritis pan and inflammation. plus, in clinical studies, celebrex is proven to impre daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you andour doctor shuld ba
the michigan state capital over the right to work. >> the unions are on the ropes. [chanting] >> top democrats here in michigan say despite everything you see, despite all the show of force on the lawn forecast capital -- >> i wasn't talking to you. you put your hands on me, see what happens. >> this stage of the fight is really over. [chanting] >> in michigan it's going to play out just like it did in wisconsin. >> we are here to protest against right to work. >> this is giving workers the freedom to choose. >> what time is it? >> union time. >> what time is it? >> union time. >> what time is it. >> union time. >> the so-called right to work laws, they don't have to do with the economy, they have everything to do with politics. >> in the end it's a shakedown for political contributions and the democrats do well with unions so they want unions to be really powerful. >> the governor of michigan is one greedy nerd, and he's one weak geek, and we aren't going to take it anymore. >> unions, unions, unions! >> i would say it's a union talk as to why they add value. and if workers really see value,
an extreme attack on core democratic policies. they are now pushing a far right agenda to go take down union rights and women's rights. we've seen this in wisconsin and ohio and virginia. now, it's in michigan. president obama went to an au auto-plan where he ripped the gop plan and crippled the state's labor unions. >> what we shouldn't be doing is taking away your rights to bargain for better wages. [ applause ] >> you know, these so called right to work laws, they don't have to do with economics, they have everything to do with politics. what they're really talking about is giving you the right to work for less money. you only have to look to michigan where workers were instrumental in reviving the auto industry to see how unions have helped build not just the stronger middle class, but a stronger america. >> the president is right. it's not about economics. it is about politics. the state's republican governor, rick snyder, says he'll sign the right to work bill into law. even though he opposed this kind of anti-union push earlier this year. >> right to work is an issue that's a very dev
. chigan becomes a 24out state with the right to onrk. theirrustrati the unions were not happy expressing frustration a tole alienate said governor.for preside wisconsin?re-lec the top fund-raiser forhis president obama and how that affects the mood and tone here in washington. after this. and then treats day afr da.. block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur neil: ichigan en roue to be another wednesday? could be jt as devive and could be the 24 #th right to work state, but that created enormous tensions prompting the president the united states to visit saying he's against this measure that governor rick snyder supports, and both branches of republican legislature have already passed. that is to give workers the choice whether they want to be a union or not. union members say it is not that simple, that this is real a trojan horse for dismantling them. don, the adviser to the president of the united states had a big fundraiser for the president hlping get him re-eleed. don, you're an entrep
, new complaints today after union members picket a fundraiser for prostate cancer research. the union workers were complaining about the cable company executives who attended the fundraiser, but was this really the right place to do that? >>> and growing controversy after president obama shakes hands with the south korean singer whose music video just became the most watched in the world. but before this guy was a global sensation, it turns out -- and it surfaced last week -- that he made news with very angry, very anti-american rants about, quote, killing the yankees in response to the war in iraq and another issue. we will debate whether the president might want to take back that handshake and whether the singer's apology makes up for what he said in the past. ♪ twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. i
. monica, colmes, thank you. next on the run down, chaos breaking out in michigan. big fight over union labor. president obama on one side. governor of michigan on the other. we will talk with the governor. and later charles krauthammer on how much tax american millionaires should pay to the government. we're coming right back. [ metal rattling ] ♪ hello? boo! i am the ghost of meals past. when you don't use new pam, this is what you get. residue? i prefer food-based phantasm, food-tasm. poultry-geist works too if you used chicken. [ laughs ] resi-doodle-doo. [ female announcer ] bargain brand cooking spray can leave annoying residue. but new pam leaves up to 99% less residue. new pam helps you keep it off. now here he is. >> bill: bill -- big trouble in michigan. give employees the option not to join a union. president obama doesn't like that at all. >> what we shouldn't be doing is your rights to bargain for better wages. we shouldn't do that. these so-called right-to-work laws they don't have anything to do with economics, they have everything to do with politics. [cheers] >> what
as usual. i could go on about the fiscal glove, and i will. unions after mihig targeting the nation, and i will. trust me when i say, i will stick to business. for starters tonight, i am ot just stock on business. what i am stuck on is tell a tragedy like this profoundly affect business in ways you know like a moment of solace. trying desperately to make sense of an unspeakable tragedy, and they can't, no one can. for all the expertise, a complete loss trying to understand this senseless taking of life. so many lives. i don't offer much to explain that. i do predict this. coming when they did to me it will have a profound effect on not just our psyche, but our economy. the shoppers to pause, parents who los t be inths debt. still intend to make this a special holiday for the family, but maybe a little less focused. i bet you this past weekend, like the state a lot of folks are simply questioning why stop in their shopping tracks to ponder the fragility of life and thinking of those now devastated families in connecticut. they'rbut by t grace of god. and not saying that malls will not be cr
in on all this and more next. and president obama touring michigan debate is the home of the powerful unions could soon become the 24th right to work state. what role if any will obama play in the fight? you and alec baldwin aren't the only ones who get upset on a plane when it comes to turning off your cell phone. a new battle underway. we're on the case next on "the willis report." so now i can bin the scene. advair isclinicallyp signifantly improve lung function. unlike most copd medicions, advair contains both ananty and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms d should not be used more than twice a day. peop with copd takadvair may have a highechance of pneumonia. advair may increase your sk of osteoporosis and some eye problems. ll yr doctor if you have a het condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescripti fr ansave on re
: i know, i've got to cut it off now. thanks, everybody. unions now trying to take their battle over michigan's new right to work law to the ballot box. someone here says that's the vote that could back fire on our entire job market. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. at your local excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. >> unions still worked up over michigan's new right to work law. they're trying to get it on the ballo
bills designed to cripple unions. and take away workers' rights even though earlier this year he said such a move would be quote, divisive and inappropriate. snyder signed the bills despite protests from more than 10,000 people who descended on the state capitol in a massive push back against this shameless power play from the republicans. >> right the work is wrong! right the work is wrong! >> he lied to us. he lied to us on numerous occasions. >> veto! veto! >> kill the bill! kill the bill! >> the protests were passionate and grew tense. in this video from the state's aclu, you can see police actually using pepper spray on some of the demonstrators. the issue in michigan is the republican legislature ramming through a so-called right to work bill. with no warning and no hearings. but the fight is bigger than michigan. it's a fight about worker rights and civil rights across the country. this country, the american people, rejected this kind of extremism on election day. but republicans didn't get the message. gop lawmakers ignored the outcry in the halls of the capitol to pass two bi
leaving room for compromise? if politicians don't take us over the cliff, will the unions over the cliff, will the unions in what is threatening to strike lead paint poisoning aects one million children today. if you're pregnant or have young children and your home was built before 1978, you could be at risk. learn how to protect your family. to find your home's danger zones, the health effects, or just to find help, log on to leadfreekids.org. read the headlines and they say the president is giving up his vacation to negotiate a fiscal cliff deal but is something he said before leaving for hawaii leaving room for negotiations? what are we talking about? set it up. >> the president is heading back to washington to attempt a last ditch effort with speaker boehner to forge compromise to avert the fiscal cliff which will kick in in about six days if nothing'ss done. those are the headlines. everyone talking about cutting his vacation short. the question is there anything that can be done? they were at an impasse before christmas, the republicans and house imploded and it's a tight spot. i s
important union strongholds in the country, michigan. michigan's governor, rick snyder, moments ago, signed right to work legislation into law. now, the new law sharply limits union power, something once unthinkable. hundreds of protesters packed inside the capitol building for the vote. trooper on hand in riot gear. michigan, home of the most powerful union in the country, a symbol of union power and dominance for generations. not anymore. workers are no longer to give up part of their paycheck to union dues. now, the unions didn't go down without a fight. literally. take a look at this, outside the state capitol. the moment the bill passed, things got violent. tents belonging to americans for prosperity, who were there to suppt the bill, torn down. one of the groups senior staff, steve, who is actually also a fox ws contributor was brutallyassaulted as he tried to prottect his staff. nuts. joining us now, thee most senior republican lawmaker who voted today, the house speaker, thank you for being with us today. this is monumental on so many levels. we have a michigan republican controlled
of chrysler union workers, well, somehow they got their job back. we'll tell you how. martha: plus a growing number of republicans saying they are willing to give in on taxes. is it a gamble that is worth it though? we'll ask senator lindsey graham what he thinks. >> let's face it. he does have the upper hand on taxes. you have to pass something to keep that from coming. -- happening obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. bill: the eccentric software millionaire john mcafee speaking out from a guatemala detention center asking to return back to the after being detained for the shooting death of a man in belize. steve harrigan live in miami on these allegatio
and what's at stake for afghanistan. >>> still ahead, a historic defeat for unions in michigan today. they can no longer force workers to join them or pay dues either. >>> and a new movie celebrates the actions of the analyst who tracked down osama bin laden. but it also reveals some pretty serious in-fighting inside the cia. ♪ all seem to say throw care away ♪ ♪ from everywhere, filling the air ♪ [ female announcer ] chex party mix. easy 15-minute homemade recipes you just pop in a microwave. like caramel chocolate drizzles. happier holidays. chex party mix. [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nearly nine million older americans don't have enough to eat. anything else? no, not today. join me, aarp, and aarp foundation in the drive to end hunger by visiting drivetoendhunger.org. military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared spec
'll keep you posted. >> coming up, fists are flying, newports could be closing. the union fight that could hit you right in your wallet. then, why if you are pretty, things could get ugly. it now is legal to fire women just because they look like kate upton. tom: thousands of dockworkers are threatening to walk out of ports this weekend. jonathan gould said this strike would make things worse. jonathan, what is the impact to the retailers? >> thank you very much, tom, impact for not only retail industry but all industries rely on the ports for imports and exports will be significant if they are allowed to shut down for any length of time witness once the contract expires this weekend. tom: from department stores to lumber, and auto, will one be hurt worse? >> this will be wespread across all industries, including retail, manufacturers who rely on inputs to production, farmers trying to get theirroducts overseas, and trucking companies who rely o ports to move containers in and out, this will be wide spread. for all industries who rely on the ports, in and out of u.s. tom: what is the fight
. and also you have all these pro union protests happening not too far away in lansing, michigan. we have a correspondent there as well. we'll talk to here. jessica yellin to you in washington. and, first things first, you think here michigan, you think the birth place of unions and you think about all these people who are very frustrated with this, everything i read, it seems to be pretty much a done deal, this right to work legislation, that the governor has indicated he would sign. these are the folks who helped elect the president not too long ago. should the president step in and go to bat for them? >> well, you know, the unions have been enormously supportive of the president as you point out. not only during this campaign, not only as foot stole jer sold helping get out the vote, but also financially with their dollars. the white house already expressed its support for the unions opposing right to work legislation. one of a white house official put out a statement today, matt lairic, saying in part, let me find the statement, president obama has long opposed so-called right to work
questions about right to work states. stuart: but if indiana had been a state which forces union dues to be paid by members, nonmembers, if it were the old line state, i don't think you could say it would get these kind of jobs and they are new high-tech jobs. >> but do we know that? i'm a little skeptical about that. only 7% of the country is even unionized anymore. i'm a little skeptical that people are not going somewhere because of that. stuart: why wouldn't toyota when it starts a new plant in america or bmw or mercedes or honda, they have all have plants in america, and they tend to go to right to work states like indiana. >> because i think if you give a business owner the opportunity to not have to deal with a union, they will probably choose that because they don't want -- but at the same time, i'm not sure that -- you know, there are certain places that people are going to go because there are good workers. look, i don't think people should be forced to pay dues. i do have a problem with that. stuart: that's what the michigan rule is all about. >> that's what it is about. we
office. >>> welcome back. now, you and i may think the big story in the michigan union fight is that more than 12,000 people turned out in the freezing cold to peacefully prote protest the republican powergram taking away worker's rights. but the folks over at fox news have a different version. to them, the real story is that one guy took a swing at another guy. here's the video they've had on a loop in the last 24 hours. aparentally, showing a protest to hitting a man who turned out to be a fox news contributor. >> now, there is no excuse for violence. but there are some important things to know about this. one, the video has been edited and we don't know exactly what happened before the incident. two, it happened at a tent set up by the coke brothers, americans for prosperity. why did an anti-union group set up a tent in the middle of a pro-union rally? we don't know. but we do know that over on fox news they went crazy using this to cover up the real story. >> now, you can see on the screen left is a fox news contributor. and he was in lansing today. he was viciously assaulted by a uni
by the national labor relations board siding with and are you ready, the union. imagine that. the benghazi backlash. john kerry emerging as the leading contender to be secretary of state. ambassador john bolton with the analysis here next. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 fo$349 a month at your local mercedes-benz dealer. ♪ lou: ambassador susan rice withdrawing her name from consideration for secretary of state coming as there is conflicting information about whether the current secretary of state will be answering questions from lawmakers on the benghazi attack one week from today. joining us now, former ambassador to the united nations, fox news contributor : john bolton. ambassador, good to have you with this. withdrawing her name, acknowledged the controversy and moving out of the way of the president's, well, his political initiatives. what is your reaction? >> well, obviously has to be
to wen a thermonuclear war with the soviet union long after there isn't one. we are still protecting germany, italy, england, and austria from staalin and his successors even though they are now strong enough to meet a threat which in fact doesn't exist. i just had my very able aid marcus rose check this for me. over the last ten years we have spent $3.8 billion in medicare. that's true. during that same period we spent $5.6 billion on the military. the military has been going up fast faster and it includes an awful lot of expenditure, unnecessary. we're reading today that canada is recoring whether they're going to buy the f-35. the f-35 is a very, very well conceived airplane that's proving to be a great financial disaster. if any agency, the decht housing, the department of education, the department of energy, had a disaster as remotely expensive to the taxpayer as the f-35 my conservative friends would be screaming. so yeah, i agree with them. ironically. that's one area where the republicans want to spend more, where mitt romney criticizes the president for not spending enough.
's governor, rick snyder, on the news causing a big stir in what was a union stronghold. liz: less than three weeks less for congress to agree on the fiscal crisis. any signs democrats and republicans are moving closer to middle ground? rich edson sitting down with the new chair of the house financial services committee. ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. you know how painful hear
last about a mth and jim, you say this could be the costliest union thre yet? how so? >> we've already seen tailers like home depot, lowe's and tget affect their business. we're in an age of just-in-time delivery. and when you disrupt that, you disrupt things when times are tough. bear in mind, also, there are 25 million peoe out of work. 52 million on food stamps and the unions are choosing now to flex their muscles. i don't know who is running pr for these people, it might be "monty python," it's bad timing and bad pr. >> brenda: and these people say they need a better, livable wage. yeah, what's wrong with workers getting a raise and wages going up overall in the economy? that's going to give people more confidence. >> brenda: right. >> it's a good, a little wage inflation would be good for this economy. >> brenda: jonas, are we going to see inflationft different sort? are we going to see inflation to the products and to the owners too? >> by t vchlimport-- there will be increase ins pres. in this case, the union screwed up in the sense they should have done this during the holiday
judge. >> pleasure. stuart: my take on the unions is next. there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the sleep nuer store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclusive collectioof innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. temperature-balancing bedding. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allowyou to adjust to the support your body needs. each of your bodies. in the name of human individuality: the sleep number collection. discover how our sleep professionals can individualize your sleep experience. exclusively at one of our 400 sleep number stores nationwide. sleep number. comfort individualized. this holiday season, give the gift that's magical: the innovative airfit adjustable pillow at special 30% savings. >> microsoft will be coming out with x-box focused gaming tablet. it will be focused on gaming as well as entertain
. it is not clear how much money way workers were affected. hostess shut down last month after the baker's union went on strike. they called the solution terrible but it is not illegal because the money didn't come directly from the employees. >>> let's have fun now. are you ready for some country this morning? >> a big night for country music as the american country music awards show kicked off in las vegas. the big story of the night is luke brian taking home 9 awards including artist of the year. >> there's nothing better. we get to do what we love and get to do it for people that are honest hard-working beautiful people that support great music. >> he went on to thank his wife, his fans. >>> take a look at who is talking. the president is now talking mr. obama the road to michigan he was trying to sell his tax hike proposal. he claimed michigan's law that gives workers the right to choose whether or not they want to be long to a union is about politics not economics. listen to this. >> we have to say this. what we shouldn't be doing is trying to take away your rights to better bargains. >> s
, the provision of the things that in other industrialized democracies, the model in which you have a union bargaining with a big capitalist firm and you come to this internal social contract for the employees. right? we work for you and get things like health care and retirement and security and other things. now this relationship of employment is coming tomorrow a start. one of the things that you can do is go to the model that it is a provision of the state and that would lessen the blow to the content jent workers. >> and that would be an outgrowth that the model has been so incredibly profitable. it's resulted in gains for investors and for companies. there's a lot of money on the table to be used to create the kind of dynamic social safety net. the problem is we've sort of let it stay off the table in term of revenue and we can afford to provide the sort of optimal sort of career labor exchange through the government. >> that's right. and to your point, you've used the word flexible. let's take a look at who this flexibility works for. it works well for the employers, for the companie
. coming back with more union news and views from obamacare. insurance companies are threatening major rate hikes. we will have all that matters. uh... whew. [ male announcer ] brk from the holiday stress. ship fedex express by december 22nd for christmas delivery. tracy: surprise, surprise. obamacare is forcing insurance rates. blue shield of california is hiking and three by 12 to 20% this month. it is certainly not alone. the ceo of aetna says we are going to see some markets go up as much as 100%. also a slew of other hidden fees passenger obamacare. with more, the ceo of vital spring technologies you're with us. i'm glad you're here with us. i don't think anybody really understands how much this is going to cost. >> you are very right. this is out of control. the cost of obamacare every week, continuing to soar. today's announcement by blue cross blue shield of california and aetna upgraded are great examples. premiums have gone up already. blue cross blue shield and others have no option to stay profitable unless they increase premiums. obamacare has basically changed the entire way t
as early as sunday after current union contracts expire. more than 14,000 workers that handle 95 percent of the cargo on the east coast are expect to do walk off the job. >> fan me m-- fannie mae and freddie make are taking on high risk loans. the government backed mortgage companies would be allowed to charge higher interest rates in return to guaranteeing loans at risk of defaulting. the proposal would have to be approved congress. >>> president obama is spending christmas with some of the nation's bravest men and women. greeting marines at a gays near their vacation home in hawaii paying tribute to them and their family. an annual vacation tradition for president obama. that is your 5@5:00. >>> speaking of the president. fox news confirming he will be cutting his vacation short to get back to work on the fiscal cliff. peter doocy has more. >> president obama will departed hawaii for washington, d.c. late tonight leaving his wife michelle and daughters sasha and malia behind. the latest guidance we have from white house is that the president will be back here in the nation's capital wh
with more. i would think it would be a hot commodity. >> reporter: here is the interesting thing. union intransigence helped kill the twinkie and the paragon of junk food may be brought back to life by one of the most hated union foes of all, walmart. reports are walmart is looking at the body parts of the neb did hostess brand. 40 percent of hostess we sales. turnkeys, hellos, ding-dongs, and of the delights. here is how delicious it might be. closing doors after mark -- last month. needed to reduce $100 million per year in retiree health costs. over half of it going to people who never worked at hostess. forcing the company to run to separate fleets, now they're looking at buying a pieces. mostly brands without the union plans and some 18,000 workers, most union employees. now comes walmart, object of union's corn for years. protesters descended on stores to pick over workers having to serve shoppers on thanksgiving night, never mind that more union people than actual walmart employees are protesting. never mind the unions don't represent walmart workers, but they would love to. think
were the unions. >> and whenever big government and big business and for that matter big labor get in bed together, you better believe that taxpayers and consumers are both going to you know what in a very unpleasant way. >> and i am joined tonight by david cay johnston, pulitzer prize winning journalist and authority of "the fine print." so the bottom line is the united states government invested $49.5 billion in general motors. the united states treasury predicts that it will get back $28.7 billion from general motors. david, is this a losing proposition for taxpayers? >> oh, no, not at all. think of the costs if we had allowed general motors to fail, we would have lost literally a million jobs. we would have huge costs for disability, for welfare, for probably crime, with young people who can't find any kind of work. enormous costs. so this was a very cheap bargain. and don't forget, we gave $13 billion to bail out an aig/goldman sachs deal to goldman sachs. and in my book, the fine print, i tell about another $5 billion gift we made to goldman sachs that nobody else has reporte
and finderd up his labor union base about the right to work proposal. coming up, the tape about how liberals are trying to strong-arm their agenda into michigan law. my wife takes centrum silver. i've been on the fence about it. then i read an article about a study that looked at the long term health benefits of taking multivitamins. they used centrum silver for the study... so i guess my wife was right. [ male announcer ] centrum. always your most complete. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. for their annual football trip. that's double miles you can actually use. tragically, their ddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles you can actually use. [ cheering ] any flight, anytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fa
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